Plan Ledger DOL Form 5500 · updated monthly

Appdirect401(k)

APPDIRECT 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Appdirect reported $41,031 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,887 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.45% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,653rd-largest of 9,483 plans among California employers on file, and the 4,151st of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 196 to 410 since 2022.

Plan summary
Net assets, end of year$30,276,134
Participants with balances550
Active participants410
Employer contributions$1,183,800
Employee contributions$3,022,484
Employer contribution per active participant$2,887
Average account balance$55,048
Benefits paid to participants$2,945,106
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS CPAS INC
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 550 accts · $1.2M emplr
2023$23.7M · 558 accts · $915K emplr
2022$12.6M · 400 accts · $661K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,649
Investment management$32,382
Total administrative$41,031
The Appdirect 401(k) match · 2024
Employer contribution per active participant$2,887
Median for plans this size$2,416
2024$2,887 per active participant
2023$2,629 per active participant
2022$3,373 per active participant

Appdirect's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SILICON VALLEY RETIREMENT SERVICES, · Recordkeeping · Trustee$32,381
ADP, INC. · Loan processing · Recordkeeping$8,649
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, SILICON VALLEY RETIREMENT SERVICES,
2023RIVERSEDGE ADV RET SOLUTIONS, LLC

This plan has changed recordkeepers within these filings. If you left Appdirect before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,031 · 0.15%
2023$77,772 · 0.43%
2022$59,218 · 0.45%
Same employer
Similar plansProfessional & Technical Services · California
Phoenix Technologies, Inc. CA$30.4M · 0.25%
Intellisense Systems, Inc. CA$30.4M · 0.21%
Wilson Turner Kosmo LLP CA$30.4M · 0.53%
Terraphase Engineering CA$30.3M · 0.25%
Doheny Eye Institute CA$30.3M · 0.11%
Sorrento Therapeutics, Inc. CA$30.3M · 0.03%
Freenome Holdings Inc. CA$30.2M · 0.02%
Livevox, Inc. CA$30.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270610966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.